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House 210 м² in Lake Skadar, Montenegro

310 759 $

1 479 $ /м²

4Odu9
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Area

210 м2

Bedrooms

4

House in Bar. The city - Skadar Lake

The estate is located in the countryside, 800 meters from Lake Skadar. Once, it was a village with two mills, as there are two large springs here; the first one flows 4 liters per second, and the second resembles a waterfall, averaging 6 liters per second. During the rainy season, it can be more. Near the first mill, there is an open reservoir, an excellent place for fish farming. The area is enclosed by mountains and consists of flat cascades. The soil is fertile; it was once cultivated, and now there are pomegranate trees, persimmons, olives, and figs left. On one of the plots, there is a large stone house (registered as a family home) with a foundation of 210 m², featuring a semi-basement (in need of renovation), adjacent to one of the mills, plus two auxiliary stone structures. The plot consists of several cadastral parcels with a total area of 5000 m². There is a conceptual plan for building a complex, Etno-selo, with an asphalt road. Price: €270,000.

Additional details

Property type

Residential Properties

Object type

House

Price

310 759 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lake Skadar; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Lake Skadar short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (310 759 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Lake Skadar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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